SILVER on a double bottom 🦐
SILVER after the bearish leg bounce for the 2nd time over the 22 level creating a double bottom formation.
The price from there creates a very strong bullish impulse until the resistance area at 24 exactly at the 0.5 fib retracement of the previous bearish leg.
IF the price will manage to break and close above the structure we can look for a nice long order according to Plancton's strategy.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Leave a comment that is helpful or encouraging. Let's master the markets together
The price from there creates a very strong bullish impulse until the resistance area at 24 exactly at the 0.5 fib retracement of the previous bearish leg.
IF the price will manage to break and close above the structure we can look for a nice long order according to Plancton's strategy.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Leave a comment that is helpful or encouraging. Let's master the markets together
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